Binance vs MEXC: fees, rebates and which is cheaper

Partner terms of Binance and MEXC side by side, with the same trading volume for both.

Choose an exchange

Open account
Rebate
20%
Welcome bonus
up to 19,800 USDT
Spot maker / taker
0.1% / 0.1%
New account
Required
Binance terms Verified Oct 12, 2026

Choose an exchange

Open account
Rebate
20%
Welcome bonus
up to 10,000 USDT
Spot maker / taker
0% / 0.05%
New account
Required
MEXC terms Verified Oct 13, 2026

Fee savings calculator

Enter your approximate monthly volume to see the difference in fees.

USDT
10,0001,000,000

Fee before the rebate · Binance

100 USDT

Fees at a 0.1% rate.

Fee before the rebate · MEXC

50 USDT

Fees at a 0.05% rate.

After the Binance rebate

80 USDT

20%

≈ 20% lower fees (estimate)

After the MEXC rebate

40 USDT

20%

≈ 20% lower fees (estimate)

The rebate is credited by the exchange — check it in your exchange account.

All terms side by side

Market
Binanceon trading fees for new accounts
MEXCon trading fees for new accounts
After rebate (maker / taker)
Binance0.08% / 0.08%
MEXC0% / 0.04%
Bonus rules
BinanceNew Binance users invited with the Getref link can get a welcome bonus of up to 19,800 USDT. The rewards come from Binance's own new-user promotion and are unlocked through tasks — typically identity verification, a first deposit and trading-volume targets within a set period after registration. Most of them arrive as trading-fee vouchers or other Binance rewards rather than withdrawable cash, and the full amount is only reached with large deposits and volume. The bonus is separate from the fee rebate and the 20% fee discount; Binance sets and may change its conditions, so check the official terms in the app before you deposit.
MEXCNew MEXC users invited with the Getref link can get welcome rewards of up to 10,000 USDT. The rewards come from MEXC's own new-user promotion and are unlocked through tasks: sign up, verify your identity, make a first deposit and trade. Most of them arrive as futures bonuses, vouchers or other MEXC rewards rather than withdrawable cash, and the full amount is only reached with large deposits and volume. Rewards and tasks can differ by region. The bonus is separate from the fee rebate; MEXC sets and may change its conditions, so check the official terms before you deposit.
New account
BinanceA new account registered through the Getref link.
MEXCA new account registered through the Getref link.
Restrictions
BinanceNot available in some countries — check the exchange's official list.
MEXCNot available in some countries — check the exchange's official list.
Referral code
BinanceGETREF
MEXCmexc-GETREF
Verified
BinanceOct 12, 2026
MEXCOct 13, 2026

Cost at three monthly volumes

Estimated monthly fees after the rebate: Spot, Taker.

  • 10,000 USDT

    Binance
    8 USDT
    MEXC
    4 USDT
    Difference
    4 USDT
  • 100,000 USDT

    Binance
    80 USDT
    MEXC
    40 USDT
    Difference
    40 USDT
  • 1,000,000 USDT

    Binance
    800 USDT
    MEXC
    400 USDT
    Difference
    400 USDT

The rebate is credited by the exchange — check it in your exchange account.

Who each suits

Binance

Binance suits almost anyone who wants the deepest liquidity, tight spreads and the widest set of products in one account — from a first purchase on the peer-to-peer market to active futures trading. The rebate through Getref adds up quickly for frequent traders, and it stacks with the BNB fee discount. If Binance does not operate in your country, or you specifically want small, freshly listed altcoins, compare the alternatives in the table. Remember that the referral link is meant for a new account: an existing one can bind the code later only through Binance's recall programme, if it has never had an inviter and has been inactive for a long time.

Binance terms

MEXC

MEXC suits traders who want small and freshly listed tokens early and who care about keeping spot costs low. The rebate through Getref is a share of the fees you actually pay, so it matters most for taker orders and futures, where a fee is charged. If you mainly trade the largest coins and want the deepest order books, or MEXC does not operate in your country, compare the alternatives in the table. Remember that the invitation code only works on a new account: enter it on the sign-up form, because MEXC does not let you add it later.

MEXC terms